Tag "Ambank"

AmBank Customers Can Now Add Their Visa and Mastercard to Google Wallet

AmBank’s Mastercard and Visa credit cardholders can now add their cards to Google Wallet, following the bank’s recent integration with Google Pay. This enables AmBank customers with Visa and Mastercard credit cards to use Google Wallet for contactless payments at

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AmBank’s Visa Credit Card Users Now Have Option for BNPL Payments

AmBank has teamed up with Visa to offer a new instalment payment service to its credit card users in Malaysia. This service, known as Visa Instalments, allows cardholders to convert their eligible purchases into monthly payments. The bank said that

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AmBank Taps Jamie Ling as New Group CEO, Succeeding Dato’ Sulaiman

Jamie Ling Fou-Tsong has been appointed as the Group Chief Executive Officer and Chief Executive Officer of AmBank. His appointment takes effect on 23 November 2023. He succeeds Dato’ Sulaiman Mohd Tahir who was reported to be leaving the bank

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Great Eastern Subsidiaries to Fully Acquire AmMetLife Insurance, Takaful Entities

Great Eastern Holdings Limited, through its subsidiaries, Great Eastern Life Assurance (Malaysia) Berhad and Great Eastern Takaful Berhad, has agreed to acquire all shares in AmMetLife Insurance Berhad and AmMetLife Takaful Berhad from AMAB Holdings Sdn Bhd. Once the acquisition

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AmBank, CGC Extends Additional RM200 Million for SME Financing

AmBank and Credit Guarantee Corporation Malaysia (CGC) has signed an SME Portfolio Guarantee (SPG) agreement to extend an additional of RM200 million financing for eligible SMEs. This marks the continuation of the SPG scheme launched in September 2016 where a

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AmBank Digitalises Its Supply Chain Finance Management With CapBay

AmBank announced that it has has partnered with Bay Supply Chain Technology, a member of the CapBay group of companies and a fintech company offering a digital Supply Chain Finance (SCF) platform. The partnership aims to enable integrated digitalisation in

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AmBank Partners Merchantrade for Hybrid e-Wallet With a Combined Capacity of RM50,000

AmBank has formed a strategic partnership with Merchantrade Asia, a digital money services business operator and e-money issuer, to enable a hybrid e-wallet as part of its fintech initiatives. This follows a similar partnership to launch Kenanga’s e-wallet back in

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DuitNow Now Available to 17 More Banks

An additional 17 banks and non-banks will soon launch the DuitNow service as well. Customers wishing to receive DuitNow fund transfers using their mobile number need only perform a simple one-time registration to link their mobile number with their account

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Ambank’s New Fintech Playbook Involves a Chatbot and Robo-Advisors

Since the wave of fintech disruption arrived on the shores of Malaysia several years back, many 1st-tier banks have each responded with their own strategies. Ambank was the only tier-1 bank that has not clearly spelled out their game plan,

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